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Retirement Relief

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Retirement Relief
A capital gains tax cut formerly given in the United Kingdom to persons over 50 who sold their assets related to business.


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Unlike retirement relief, however, there will be no minimum age limit and individuals will qualify if the relevant conditions are met for just one year (the qualifying period for retirement relief was 10 years).
Last night, it appeared that Darling will offer some minor concessions - on retirement relief - but is not convinced by the argument that there will be a mass exodus of entrepreneurs.
It was before 2003 and we capitalised on what was known as goodwill and claimed something called retirement relief against this.
 
 
 
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